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Ivanhoe Corporation manufactures two products with the following characteristics. Unit Contribution Margin Machine Hours Required for Production Product 1 $54 0.15 hours Product 2 $50

Ivanhoe Corporation manufactures two products with the following characteristics.

Unit Contribution Margin

Machine Hours Required for Production

Product 1 $54 0.15 hours
Product 2 $50 0.10 hours

If Ivanhoes machine hours are limited to 2,000 per month, determine which product it should produce.

Product 1 Product 2
Contribution margin per unit of limited resource $enter a dollar amount $enter a dollar amount

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